Steve Schonfeld Schonfeld Strategic Advisors
Steve Schonfeld is the founder of Schonfeld Strategic Advisors, a multi-manager investment firm with roots in proprietary trading. Schonfeld allocates capital across quantitative and discretionary strategies with an emphasis on risk controls and diversification of return streams. The firm is a major name in the multi-strategy hedge fund landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FedEx
FDX
|
+$95.6M |
| 2 |
CRH
CRH
|
+$88.5M |
| 3 |
Dollar General
DG
|
+$84M |
| 4 |
Union Pacific
UNP
|
+$75.1M |
| 5 |
Meta Platforms (Facebook)
META
|
+$73.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$90.7M |
| 2 |
Amazon
AMZN
|
+$67.1M |
| 3 |
Deere & Co
DE
|
+$60.2M |
| 4 |
Chubb
CB
|
+$57.6M |
| 5 |
General Motors
GM
|
+$55.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 15.79% |
| 2 | Financials | 11.3% |
| 3 | Consumer Discretionary | 10.64% |
| 4 | Technology | 9.67% |
| 5 | Healthcare | 6.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Vulcan Materials
VMC
$35.8B
| $29.9M | 0.23% |
148,233
-62,745
| -30% | -$13.6M |
|
102
W.P. Carey
WPC
$16.2B
| $29.9M | 0.23% |
564,545
+439,171
| +350% | +$28.1M |
|
103
BJs Wholesale Club
BJ
$12.3B
| $29.8M | 0.23% |
+417,098
| New | +$28.1M |
|
104
Pinterest
PINS
$13.3B
| $29.8M | 0.23% |
+1,100,945
| New | +$30.1M |
|
105
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $29.3M | 0.23% |
401,000
-150,000
| -27% | -$12M |
|
106
CSX Corp
CSX
$95.6B
| $29.1M | 0.23% |
947,959
-262,405
| -22% | -$8.31M |
|
107
Fidelity National Information Services
FIS
$21.3B
| $29M | 0.23% |
524,051
-169,078
| -24% | -$9.73M |
|
|
NEWR
108
DELISTED
New Relic, Inc.
NEWR
| $28.7M | 0.22% |
334,702
+312,002
| +1,374% | +$25.1M |
|
109
AGNC Investment
AGNC
$12.9B
| $28.7M | 0.22% |
3,035,685
+560,794
| +23% | +$5.55M |
|
110
VF Corp
VFC
$5.65B
| $28.5M | 0.22% |
1,614,976
+72,662
| +5% | +$1.38M |
|
111
Oneok
OKE
$58.8B
| $28.4M | 0.22% |
448,277
+404,377
| +921% | +$26.4M |
|
112
Warner Music
WMG
$14.2B
| $28.4M | 0.22% |
903,241
+853,384
| +1,712% | +$26.7M |
|
113
DexCom
DXCM
$34.8B
| $28.3M | 0.22% |
303,647
+227,445
| +298% | +$25.6M |
|
114
LyondellBasell Industries
LYB
$21.8B
| $27.9M | 0.22% |
295,003
+292,582
| +12,085% | +$28.1M |
|
115
GFL Environmental
GFL
$14.8B
| $27.8M | 0.22% |
874,437
+685,537
| +363% | +$23.5M |
|
116
First Horizon
FHN
$11.7B
| $27.8M | 0.22% |
2,519,563
+2,223,463
| +751% | +$27.5M |
|
117
Citigroup
C
$221B
| $27.7M | 0.22% |
673,480
+60,355
| +10% | +$2.65M |
|
118
DHT Holdings
DHT
$3.2B
| $27.5M | 0.21% |
2,670,200
+2,606,900
| +4,118% | +$24.4M |
|
119
KBR
KBR
$4.86B
| $27.3M | 0.21% |
463,087
+430,318
| +1,313% | +$26.5M |
|
|
FLG
120
Flagstar Bank National Association
FLG
$5.59B
| $27.3M | 0.21% |
801,339
+239,910
| +43% | +$8.68M |
|
121
Annaly Capital Management
NLY
$17.5B
| $27M | 0.21% |
1,437,877
+449,881
| +46% | +$8.94M |
|
122
Digital Realty Trust
DLR
$70.5B
| $27M | 0.21% |
223,435
-98,864
| -31% | -$12.1M |
|
123
Sun Communities
SUI
$14.8B
| $26.9M | 0.21% |
227,595
+219,698
| +2,782% | +$27.9M |
|
124
S&P Global
SPGI
$127B
| $26.8M | 0.21% |
73,396
-78,360
| -52% | -$30.8M |
|
125
Scorpio Tankers
STNG
$3.93B
| $26.7M | 0.21% |
493,400
-299,000
| -38% | -$14.6M |
|
Similar funds
Steve Schonfeld's Q3 2023 Portfolio in Review
As of Q3 2023, Steve Schonfeld held 2,526 positions worth $12.9B, up 11% from $11.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Steve Schonfeld withdrew a net $988M in Q3 2023, closing 812 positions and reducing 582 holdings. Its most notable exit was Deckers Outdoor, an estimated $50.4M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 16% of assets, up from 16% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Steve Schonfeld opened a new position in Invesco S&P 500 Equal Weight ETF worth $67.1M.
- Steve Schonfeld's largest Q3 2023 buy was Invesco S&P 500 Equal Weight ETF: 473,800 shares worth $67.1M.
- Steve Schonfeld added most to FedEx in Q3 2023, an estimated $95.6M increase.
- Steve Schonfeld's biggest Q3 2023 reduction was NVIDIA, cutting an estimated $90.7M.
- Steve Schonfeld fully exited Deckers Outdoor in Q3 2023, selling an estimated $50.4M.
- Steve Schonfeld's ten largest holdings make up 12% of its $12.9B portfolio in Q3 2023.
- Steve Schonfeld opened 446 new positions and closed 812 in Q3 2023.
- Steve Schonfeld's portfolio value rose 11% quarter-over-quarter to $12.9B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2023, filed 14 Nov 2023.